• Air Lease Corp AL.N reported quarterly adjusted earnings of 82 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.10. The mean expectation of six analysts for the quarter was for earnings of 79 cents per share. Wall Street expected results to range from 78 cents to 81 cents per share.

• Revenue rose 4.7% to $690.16 million from a year ago; analysts expected $676.82 million.

• Air Lease Corp's reported EPS for the quarter was 82 cents​.

• The company reported quarterly net income of $91.65 million.

• Air Lease Corp shares had risen by 4.5% this quarter and gained 12.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.5% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Air Lease Corp is 55.00

This summary was machine generated from LSEG data November 8 at 05:19 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)